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Paying for the service outcome rather than the cost of implementation. Brian Beachkofski from Third Sector Capital Partners joins GovLove to talk about a new contracting model called Pay for Success contracting. He shares examples of local governments using the model and how it can be more effective in delivering services to people.
Topics: Lightning round (1:10), introducing the Pay for Success concept (3:25), examples of organizations like Los Angeles County using this model (4:40), the role of Third Sector in the process & implementing it in an organization (7:45), using data to make decisions (14:25), getting organization buy-in (19:50), and working with different levels of government (28:50).
By Engaging Local Government Leaders (ELGL)4.8
216216 ratings
Paying for the service outcome rather than the cost of implementation. Brian Beachkofski from Third Sector Capital Partners joins GovLove to talk about a new contracting model called Pay for Success contracting. He shares examples of local governments using the model and how it can be more effective in delivering services to people.
Topics: Lightning round (1:10), introducing the Pay for Success concept (3:25), examples of organizations like Los Angeles County using this model (4:40), the role of Third Sector in the process & implementing it in an organization (7:45), using data to make decisions (14:25), getting organization buy-in (19:50), and working with different levels of government (28:50).

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